Nov 1 (Reuters) - JSW Energy Ltd joint MD and CEO Prashant Jain speaking at a press conference::Overcapacity concerns in thermal power plants are receding.Board has decided to set up 7 MW of solar power capacity‍​.Company is working to switch to domestic coal in coming quarters.Long term strategy is to have more long term power sales agreements.Secured a credit line for up to 100 MW of rooftop solar.Exec says co will secure domestic coal mines in upcoming coal block options.Exec says actively looking at reducing net debt substantially in fiscal year.
Full Article

Jindal Steel And Power Ltd : Approved seeking members' nod for sale of 920 mw cpp to Jindal power ltd . Approved seeking members nod for divestment of 1000 mw power plant of unit to JSW Energy .
Full Article

Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products: